by admin | Aug 21, 2018 | Goods and Services Tax, Income Tax, Property Tax, Stamp Duties, Tech News
On 20 August 2018, the Inland Revenue Authority of Singapore (IRAS) has reminded Singapore businesses that from 1 September 2018, CorpPass, a corporate digital identity for Singapore businesses, will be the only login method for any online corporate transactions with...
by admin | Aug 11, 2018 | Goods and Services Tax, Tech News
On 11 August 2018, the Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide that was re-wrote on 16 July 2018, on GST: Approved Contract Manufacturer and Trader (ACMT) Scheme. It replaces the e-Tax Guide on GST Approved Contract Manufacturer...
by admin | Jul 28, 2018 | Goods and Services Tax, Tech News
On 27 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Third Edition of the e-Tax Guide on GST: Fringe Benefits. The following were the amendments: Footnote 11 – to elaborate on the meaning of ‘any other cost’ in the explanation of business...
by admin | Jul 21, 2018 | Goods and Services Tax, Tech News
GST-registered businesses may claim GST incurred before registering for GST and also before incorporation provided certain conditions are met. On 18 July 2018, the Inland Revenue of Singapore (IRAS) have updated the Third Edition of the e-Tax Guide, GST:...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
GST-registered businesses may provide GST refunds to tourists as an independent retailer or by engaging the services of a Central Refund Agency. In either case, they need to do so under the electronic Tourist Refund Scheme (eTRS). On 17 July 2018, the Inland Revenue...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
Tourists buying goods from retailers who participate in the electronic Tourist Refund Scheme (eTRS) may claim a refund of the GST paid on purchases made in Singapore. On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Seventh Edition of...
